Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0057%/8h= −6.3% APRpaid last 24h −0.007%

Price spread now: HTX against Jupiter Perps+0.044%7-day average −0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Jupiter Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.044%, 7d avg −0.002%

Together, before fees−0.414%−$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.047% dearer against Jupiter Perps than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.002%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 3 days (−0.014% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Jupiter Perps SOL-PERP	117.44	L +0.0112% / S +0.0056%	pay 0.0014% / 1h	41m 36s	—	$220.8M	500x
Short	HTX SOL-USDT	117.49	0.0055	get 0.0055% / 8h	5h 41m	$228.2M	$45.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Jupiter Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Jupiter PerpsbpFee HTXbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$12
Price spread: +0.044% → −0.002%: $4.66
Slippage, 4 orders: no order book: not counted
Fee Jupiter Perps: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$31.35
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Jupiter Perps: no order-book sample; HTX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Jupiter Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 3 min ago	0.00 bp	6.7 bp −$7	10.7 bp −$107	21.6 bp −$2,165	48.7 bp −$24.3K

Jupiter Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff SOL-PERP	−0.0080%	1h	117.33	−0.094%	$918	$8K	25x	as long as short
Vest SOL-PERP	−0.0058%	1h	117.27	−0.144%	—	$605K	20x	as long as short
Kraken Futures PF_SOLUSD	−0.0055%	1h	117.51	+0.057%	$31.5M	$98.1M	100x	as long as short
Derive SOL-PERP	−0.0010%	1h	117.42	−0.018%	$1.9M	$2.8M	13x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	117.50	+0.049%	$56K	—	150x	as long as short
dYdX SOL-USD	0.0000%	1h	117.32	−0.105%	$4.5M	$24.1M	20x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	117.56	+0.100%	$1.4M	$19.5M	3.1x	as long as short
HTX SOL-USDTshort	+0.0055%	8h	117.49	+0.044%	$228.2M	$45.6M	75x
01 Exchange SOLUSD	+0.0056%	1h	117.31	−0.112%	$100K	$163K	20x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0057%	1h	117.55	+0.089%	$26.4M	$25.2M	50x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International SOL-PERP-INTX	+0.0064%	1h	117.55	+0.090%	$8.0M	$403.4M	50x	as long as short
Hibachi SOL/USDT-P	+0.0072%	1h	117.34	−0.091%	$100K	$691K	20x	as long as short
BingX SOL-USDT	+0.0080%	8h	117.31	−0.115%	—	$362.8M	—	as long as short
Orderly PERP_SOL_USDC	+0.0088%	8h	117.51	+0.056%	$1.0M	$5.8M	100x	as long as short
Lighter SOL	+0.0096%	1h	117.29	−0.132%	$13.0M	$59.2M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	117.28	−0.142%	$2.1M	$16.2M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	117.50	+0.053%	$344K	$225K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	117.30	−0.121%	$65K	$839K	20x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	117.28	−0.136%	$1.0M	$516K	50x	as long as short
Nado SOL-PERP	+0.0100%	1h	117.34	−0.087%	$5.8M	$39.5M	40x	as long as short
Aster SOLUSDT	+0.0100%	8h	117.32	−0.104%	$176.1M	$176.9M	100x	as long as short
Pacifica SOL	+0.0100%	1h	117.32	−0.102%	$14.5M	$127.6M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	117.32	−0.104%	$965.6M	$3.73B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	117.36	−0.070%	$819.4M	$1.24B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	117.30	−0.121%	$365.2M	$1.63B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	117.38	−0.053%	$238K	$848K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	117.32	−0.107%	$2.0M	$9.0M	20x	as long as short
Bulk SOL-USD	+0.0100%	1h	117.45	+0.007%	$134.7M	$15.8M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	117.27	−0.146%	$856.5M	$647.0M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	117.28	−0.138%	$423.2M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	117.29	−0.129%	$129.9M	$212.5M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	117.28	−0.138%	$485.7M	$433.2M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	117.49	+0.041%	$23.7M	$36.9M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	117.36	−0.066%	$24.3M	$119.2M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	117.40	−0.036%	$94.3M	$398.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	117.46	+0.016%	$48.1M	$28.4M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	117.39	−0.048%	$1.5M	$5.9M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	117.52	+0.066%	$1.3M	$13.4M	30x	as long as short
Polymarket Perps SOL-USD	+0.0100%	1h	117.50	+0.049%	$352K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	117.51	+0.061%	$200K	$1.6M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	117.48	+0.037%	$25K	$27K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	117.53	+0.074%	$190K	$1.8M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	117.51	+0.058%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	117.50	+0.049%	$45.7M	$100.2M	50x	as long as short
Extended SOL-USD	+0.0104%	1h	117.27	−0.142%	$8.2M	$36.0M	50x	as long as short
Jupiter Perps SOL-PERPlong	L +0.0112% / S +0.0056%	1h	117.44	long leg	—	$220.8M	500x
Phoenix SOL	+0.0129%	1h	117.56	+0.100%	$6.5M	$13.4M	25x	as long as short
RISEx SOL/USDC	+0.0136%	1h	117.39	−0.048%	$1.9M	$4.9M	20x	as long as short
Hyperliquid SOL	+0.0160%	1h	117.41	−0.027%	$717.2M	$393.4M	20x	as long as short
Reya SOLRUSDPERP	+0.0190%	1h	117.49	+0.042%	$1.1M	$523K	25x	as long as short
Injective SOL/USDC PERP	+0.0218%	1h	117.38	−0.053%	$4K	$2K	12x	as long as short
BloFin SOL-USDT	+0.0220%	8h	117.48	+0.032%	$51.9M	$71.1M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0232% / S −0.0170%	1h	117.50	+0.046%	$3.6M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0382%	1h	117.47	+0.025%	$25K	$51K	20x	as long as short
Perpl SOL	+0.0447%	43m	117.53	+0.077%	$128K	$3.8M	8.3x	as long as short